Dec. 19, 2024 - Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian public companies in 2023, when shareholder engagement reached its...
Davies Hits the Centre of Lexpert ALM 500 Bull’s Eye Again as One of Canada’s Leading Corporate Firms
The 2015 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada profiled 27 Davies lawyers and named the firm the leading corporate transactions firm in Toronto. As well, Lexpert ranked the Toronto office at the centre of the bull’s eye for corporate law and corporate transactions relative to firm size, and the Montréal office as having the top tax practice in Montréal.
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Federal Court of Appeal Confirms CRA Can Collect Arrears Interest Despite Absence of a Tax Debt
Dec. 04, 2024 - The Federal Court of Appeal (FCA) recently dismissed the Bank of Nova Scotia’s (BNS) appeal and upheld the Canada Revenue Agency’s (CRA) practice of charging arrears interest on a non-existent tax debt where audit adjustments increase taxable income that is offset by the carryback of a loss...